I don`t see much wrong with your combo, but I wouldn`t run the 305 heads, with a flat top piston, compression would be over 10:1 and it would detonate like crazy. you would need a dished piston with 305 heads due to there 58 cc chambers. replaceing the main and rod bolts aren`t needed if all you want is a street engine, so take that cash and put it elsewhere. just have the rods checked and see if any need resized. the cam is a little big also, if your after low end torque, then I`d run the comp magnum 268, 218/218 duration and 454 lift or something similiar. you`ll need the extra low end until you get the other tranny. run a dual plane intake and a 600 to 625 cfm carb, a set of spiral core plug wires and new high po module and coil, and you`ll have a very driveable package that still gets decent milage, trust me, you`ll be a lot happier with it. the comp cam with 224 duration would likely have a cruise rpm of 2600 -2800, and when you get your 700R4 with 2.41 gears in the rear it`ll cruise at 1500 RPM`s likely or lower at 60 MPH and will have no power and will drink gas. your car and your call. Good Luck.
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